RIO DE JANEIRO, Aug 10 The Brazilian unit of
China's State Power Investment Corporation Limited will acquire
a 33% stake in two plants in the largest power project fueled by
super-chilled liquefied natural gas (LNG) in Latin America, from
Gas Natural Acu (GNA), the companies said in a statement on
Cheniere Energy Inc on Thursday posted a second-quarter profit that beat analysts estimates on higher margins, in part on fees collected from customers cancelling deliveries due to the COVID-19 pandemic.
Aug 6 Cheniere Energy Inc posted a
second-quarter profit on higher margins and accelerated revenue,
the company reported on Thursday.
RIO DE JANEIRO Offshore oil industry supplier Ocyan plans to participate in bids for much bigger platforms than it currently has in Brazilian waters, the world's largest market for floating platforms, Chief Executive Roberto Bischoff told Reuters.
RIO DE JANEIRO, Aug 4 Offshore supplier Ocyan
plans to participate in bids for much bigger oil platforms than
it currently has in Brazilian waters, the world's largest market
for floating platforms, Chief Executive Roberto Bischoff told
RIO DE JANEIRO Brazilian state-run oil firm Petroleo Brasileiro SA expects to conclude negotiations on the sale of its RLAM refinery in northeastern Brazil in the near future and is pushing ahead with the IPO of a gas pipeline unit, executives said on Friday.
RIO DE JANEIRO Brazilian state-run oil firm Petroleo Brasileiro SA on Thursday posted a loss of 2.7 billion reais ($524 million) in the second quarter, hurt by tumbling oil prices despite record export volumes to China.
RIO DE JANEIRO Brazilian iron ore miner Vale SA is sending a proposal this month to the board for further expansion at its Northern System mining complex, and the company expects to restart operations at its Samarco complex in December, executives said on Thursday.
Brazilian mining giant Vale SA said on Wednesday it will resume dividend payments to shareholders, suspended since a deadly dam burst in January 2019, as it reported second-quarter profit rocketed amid a surge in iron ore prices.
* Shares close at record high before payout, profit
(Adds context, industry details, share price)